Spotlight Turns to Jobs Data

Unemployment figures for April come out Friday, and Wall Street will be watching -- and not just because many of their brethren recently joined the jobless ranks.

If fewer jobs were created than expected and unemployment rises more than forecast -- especially if accompanied by revisions down for prior months -- look for stocks to fall. Sure, that is like saying, "Spider-Man is going to open big." But the ranks of the gloomy...